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16729 Palisades Blvd Fountain Hills, AZ 85268

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Prime Fountain Hills Restaurant, High NOI

Property size:
4,180 SF

Property Features for 16729 Palisades Blvd

General Information

Property type
Retail properties & Spaces
Square Feet
4,180 SF
Class
C

Building Details

Year Built
2012
Stories
1

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Listing Contact
Tyson Breinholt
Tyson Breinholt

Listing Agency: Commercial Properties Inc Listing Agent: Tyson Breinholt

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a thriving 4,180 square foot restaurant located at 16729 E Palisades Blvd, Fountain Hills, Arizona, 85268. The property, built in 2012, boasts a strong 5.16% cap rate and a substantial net operating income (NOI) of $46,378.76, reflecting a 100% occupancy rate. The single-story building sits on a 6,000 square foot lot and is zoned C-C, allowing for continued restaurant operations or potential redevelopment within the permitted zoning. The property features attractive architectural details including high ceilings and large windows, creating a bright and inviting atmosphere. An open floor plan provides flexibility for various restaurant configurations. Ample parking is available, with 8.37 spaces per 1,000 square feet, ensuring convenient access for patrons. This owner/user investment opportunity is situated in a prime location within the heart of Fountain Hills, offering excellent visibility and accessibility. The property's strong financial performance, desirable location, and versatile layout make it an ideal acquisition for both seasoned investors and owner-operators seeking a profitable and established business. The property's APN is 176-05-179. This is a modified lease, multi-tenancy property classified as Class C retail.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Fountain Hills
County
Maricopa
State
Arizona
Longitude
-111.7193123
Latitude
33.6080862

FAQs

What type of property is this?
Retail property - Prime Fountain Hills Restaurant, High NOI
Where is this retail property located?
The property is located at 16729 Palisades Blvd Fountain Hills, AZ.
What is the asking price?
The asking price for this property is $898,700.
(480) 966-7513 Call to check price and availability
More about this property
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